Rochester Msa Building Company

Analysis

Rochester Msa Building Company is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rochester Msa Building Company reported income of $1.2m and spending of $1.6m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $990k to $1.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester Msa Building Company sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Center for Architecture ($1.2m), Australian Universities & Schools USA Foundation Inc ($1.2m) and The Society for Classical Studies ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $20.6m against liabilities of $22.1m, net assets of -$1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.